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- Topic: Is there a way to solve for the problem without iteration?
| Author | Topic: Is there a way to solve for the problem without iteration? |
|---|---|
| cfa1310 @2015-03-06 11:11:29 |
Given that a firm’s current dividend is $2.00, the forecasted growth is 7% for the next two years and 5% thereafter, and the current value of the firm’s shares is $54.50, what is the required rate of return? |
CFA Discussion Topic: Is there a way to solve for the problem without iteration?
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
